Jaishankar says that India's economy ‘is not faltering’ and that it has historically been a society that is very openIndia's Prime Minister Narendra Modi speaks to External Affairs Minister Subrahmanyam Jaishankar, at the Forecourt of India's Rashtrapati Bhavan Presidential Palace in New Delhi, India, Dec 5, 2023. REUTERSIndia's Prime Minister Narendra Modi speaks to External Affairs Minister Subrahmanyam Jaishankar, at the Forecourt of India's Rashtrapati Bhavan Presidential Palace in New Delhi, India, Dec 5, 2023. REUTERSIndian foreign minister Subrahmanyam Jaishankar rejected US President Joe Biden's comment that "xenophobia" was hobbling the South Asian nation's economic growth, The Economic Times reported on Saturday. Jaishankar said at a round table hosted by the newspaper on Friday that India's economy "is not faltering" and that it has historically been a society that is very open. The IMF also forecast that the US economy would grow 2.7%, slightly brisker than its 2.5% rate last year.